NAICS 23

Construction in Altoona, PA

Metro Market Score 29.8 (Favorable), ranked #39 of 342 metros. 295 establishments, 2,696 jobs.

Metro Market Assessment

Metro Market Score 29.8
Favorable 0-35
Moderate 35-48
Challenging 48-60
Difficult 60+
Favorable

Lower is better. Relative to national construction average.

Favorable Market

Altoona ranks in the top quartile for construction market conditions, driven by above-average employment growth. With a market score of 29.8, conditions are relatively favorable compared to most metros.

Industry Concentration
36.8
LQ: 0.89
Rank #126 of 342 metros
Wage Competitiveness
14.3
$62,067 avg wage
Growth Trend
74.3
Employment growth index
Rank #89 of 342 metros
Wage Pressure
46.4
YoY wage change index

295 Construction Firms in Altoona

295
Establishments
-1.0% YoY
2,696
Total Employment
+4.9% YoY
$62,067
Average Annual Wage
+9.6% YoY
0.89
Location Quotient
Below national avg
Within Pennsylvania
#2 of 14
construction metros in state
Pennsylvania state rank
#3 of 51
for construction entry risk
vs State Median
-15.9
better than median (45.7)

Altoona vs Pennsylvania Statewide

How this metro's construction market compares to Pennsylvania overall. The state ranks #3/51 for entry risk.

Measure Altoona PA Statewide
Overall Score 29.8 Favorable 28.4 Low
Score Type Metro Market Score Entry Risk Score
Rank #39 of 342 metros #3 of 51 states

Metro and state scores use different methodologies (metro has 4 QCEW-based metrics; state adds BDS survival and momentum data). Direct score comparisons are approximate.

Other Industries in Altoona

Construction in Other Pennsylvania Metros

Construction Metros With Similar Conditions

Metros within 5 points of Altoona's 29.8 score. Useful when comparing markets with comparable entry profiles.

Construction in States Bordering Pennsylvania

State-level entry risk for construction in adjacent states. Use this to weigh cross-border options.

Browse Construction in Other States

State-level entry risk reports for construction across all 51 markets, sorted by rank.

About Metro Market Score: A weighted composite of industry concentration (25%), wage competitiveness (25%), wage pressure (20%), and employment growth trend (30%). Lower scores indicate more favorable conditions. For Altoona's construction sector, the wage pressure component (46.4) has the strongest pull on the composite. Metro scores use QCEW data only (no BDS survival data at metro level). Read full methodology →

Data Sources

Data period: 2024. Last updated: April 2026.